government land sales

Mei Tin Road site in Tai Wai up for sale via tender

Mei Tin Road site in Tai Wai up for sale via tender

The site was later added to the land sale programme due to positive market responses.

Lantau Island site sold for $203m

APEX King was the successful tenderer.

3 ways gov't can improve land tenders

There has been frequent withdrawal of government land lenders in Hong Kong.

Gov’t needs to review valuations to ensure success of land sale programme – experts

Colliers estimates Hong Kong land revenue last year only 50% of target.